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Ana Isabel Martinez

Mexico promises $7.3 billion in tax relief for troubled Pemex

May 23 2019

MEXICO CITY Mexico's government aims to give $7.3 billion in tax relief to heavily indebted state oil company Pemex, according to a document seen by Reuters on Thursday, in an effort to cool fears over its financial viability and the impact on the wider economy.

Exclusive: Mexico's message to credit agencies - Evaluate Pemex responsibly

May 10 2019

MEXICO CITY Credit ratings agencies must be "responsible and serious" in how they evaluate Mexican state oil company Pemex, Energy Minister Rocio Nahle told Reuters on Friday, strongly defending spending and policy decisions that she says will benefit the firm.

Mexican state oil company Pemex swings to loss in first quarter

Apr 30 2019

MEXICO CITY Petroleos Mexicanos swung to a 35.7 billion peso ($1.84 billion) net loss during the first quarter as revenues and crude output at the heavily-indebted Mexican state oil company fell, results posted to the stock exchange showed on Tuesday.

Mexico invites three U.S. companies, foreign firms to bid on new refinery

Mar 18 2019

MEXICO CITY Mexico invited a host of international firms, including three U.S. companies, to bid on the construction of an $8 billion oil refinery, officials said on Monday, as President Andres Manuel Lopez Obrador seeks to fast-track one of his signature projects.

Mexico to inject $3.9 billion in Pemex, seeks to prevent credit downgrade

Feb 15 2019

MEXICO CITY Mexico will inject $3.9 billion into ailing state oil company Pemex, officials said on Friday, promising to strengthen its finances and prevent a further credit downgrade, although investors saw the plan as only a short-term fix.

CORRECTED (OFFICIAL)-UPDATE 6-Mexico to inject $3.9 bln in Pemex, seeks to prevent credit downgrade

Feb 15 2019

MEXICO CITY, Feb 15 Mexico will inject $3.9 billion into ailing state oil company Pemex, officials said on Friday, promising to strengthen its finances and prevent a further credit downgrade, although investors saw the plan as only a short-term fix.

CORRECTED-UPDATE 3-Mexico to pump $3.6 bln to relieve ailing Pemex, more if needed

Feb 15 2019

MEXICO CITY, Feb 15 Mexico will inject $3.6 billion into ailing state-owned oil company Pemex, including by reducing taxes and refinancing debt, officials said Friday, promising to do "whatever is takes" to strengthen its finances and prevent a further credit downgrade.

Mexico's Pemex, after downgrade, will make all debt payments: Lopez Obrador

Feb 14 2019

MEXICO CITY Mexican state oil firm Pemex will make all its debt payments, President Andres Manuel Lopez Obrador said on Thursday, promising to shore up its finances after Moody's and Fitch downgraded its credit rating to one notch above junk.

Maduro geht nicht auf EU-Ultimatum ein

Feb 04 2019

Caracas Der international zunehmend isolierte venezolanische Präsident Nicolas Maduro lässt es im Kampf um seinen Machterhalt auf eine Kraftprobe mit dem Westen ankommen.

As Venezuelans protest, struggling Maduro seeks early parliament vote

Feb 02 2019

CARACAS Venezuelan President Nicolas Maduro proposed early parliamentary elections on Saturday, seeking to shore up his crumbling rule after a senior general defected to the opposition and tens of thousands thronged the streets in protest at his government. | Video

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